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Meaning of guided capitalism | Babel Free

Noun CEFR B2

Definitions

A capitalist economic system with some variety of state guidance.

uncountable, usually

Examples

“... the difference between socialism and a strategically guided capitalism may be slight, particularly if the emphasis on ownership is found irrelevant.”
“It has been called a policy of "guided capitalism," and seeks to "preserve free enterprise" by numerous large-scale adjustments [....]”
“Therefore, on the understanding that the essence of the bourgeois economy will be absent from the picture, we may call this system Guided Capitalism.”
“This chapter examines Japan's guided capitalism, which connotes a major state role in spurring private-sector investment and improved technology [....]”
“He calls it a guided capitalism. I think of it more as corporate capitalism. Singapore is run much as one would run one of the corporate elephants,”

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

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